Rewarding Active Delegates (RAD) Program
AI summary
This proposal introduces the "Rewarding Active Delegates" (RAD) program for the Arbitrum DAO. It aims to incentivize delegates to actively participate in voting and publicly share their reasons for voting. Delegates who meet specific criteria, such as voting on at least 75% of proposals monthly and providing public rationale, will be eligible for rewards. The program seeks to increase voter participation, reduce apathy, and improve transparency in decision-making.
If passed, active delegates who meet the criteria will receive financial compensation for their participation, with a quarterly budget of $15,000 for constitutional proposals and $7,000 for non-constitutional proposals. This could lead to more engaged delegates and clearer insights into voting outcomes, benefiting the DAO's governance process. Delegates who do not meet the criteria or choose not to participate will not receive these rewards.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
7 votes > 5% VPFull proposal
Abstract
We propose a program for rewarding active delegates focused solely on their voting record and making public their voting rationale. This is the first of a series of upcoming proposals under the umbrella of a DAO Incentive Program (DIP 2.1).
Motivation and Rationale
A delegate is defined as a party with voting power who votes on proposals. It narrowly focuses on voting and aiding sentiment analysis of why a proposal passed (or failed).
With this in mind, there are three overarching goals that this program is trying to achieve:
- Increased active voting power. The total amount…